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fear and
uncertainty
management
- VATSAL SHAH
mentor, business coach and transformer
#WCAhmedabad – 7th OCT 2017
Fear
• an unpleasant emotion caused by the
threat of danger, pain, or harm
• be afraid of someone or something, as
likely to be dangerous, painful, or
harmful
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 2
Uncertainty
something that causes
one to feel uncertain,
dilemma, suspicion,
doubt, worry, stress, etc.
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 3
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 4
Fear and uncertainty are
different words. But they are
wired or coupled in our brain
Success of an entrepreneur is defined by how
good he is in managing own fears and
uncertainties. His choices and decisions set
the future for company and himself.
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 5
Uncertainties  FEAR
All uncertainties does not cause fear. But each fear has some uncertainty in background
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 6
There are 2 types of uncertainties
• Controllable / Non-Controllable/
Partially Controllable
• Affirmative / Negative
1
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 7
There are various types of fears.
Top ones are,
• Fear of death
• Fear of loosing wealth
• Fear of loosing loved ones
• Fear of loosing business / clients
2
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 8
• Fear of unknown
• Competition
• Uncertainties due to law changes
• Uncertain market / technology
• Managing finance / profitability
• Fear of obsolesce / being current
2
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 9
• Kids future
• Environment / politics / terror / society
• Fear of loosing face / image
• Fear of being confronted
• Fear of public appearance
• Loosing key talent, et al.
2
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 10
Let us deal with
fear and
uncertainties with
power
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 11
List or Define
your worst
fear /
uncertainty
What would
be the worst
impact
What actions
can be taken
to prevent
What would
be benefit of
taking action
Fear / uncertainty setting
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 12
Fear occurs bigger in our
imagination then real
Overthinking on fear/ uncertainties causes inaction
Occurrence of fear
• 40% of the things we worry about never happen
• 30% are in the past / cannot be helped
• 12% involve the affairs of other, which is none of your business
• 10% relate to sickness or real fact
Only 8% of the things which we worry about are likely to happen
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 13
Confidence level while dealing them
• This is amazing
• Is this a Joke?
• I cannot do this
• Actually, I may be able to
• This is amazing
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 14
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 15
Worrier / Warrior
LEAR N FR OM AN TIVIR U S
Mind Programming
If, you can do something about it,
Why shall you fear ?  Take actions
Else, if you cannot do something about it,
Why shall you fear ?  quarantine current thought
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 16
VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 17
Words of wisdom
• Faith is the extreme opposite of Fear,
focus on upward spirals instead of
downward
• Remember power of secret  thoughts
become things
18
Everyone wants to win, some
people refuse to lose
Vatsal Shah
Mentor, Business Coach and Transformer
Pragmatic Consultancy
www.facebook.com/s.vatsal
www.linkedin.com/in/vatsalshah
@vatsalshah

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Fear Uncertainty Management

  • 1. fear and uncertainty management - VATSAL SHAH mentor, business coach and transformer #WCAhmedabad – 7th OCT 2017
  • 2. Fear • an unpleasant emotion caused by the threat of danger, pain, or harm • be afraid of someone or something, as likely to be dangerous, painful, or harmful VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 2
  • 3. Uncertainty something that causes one to feel uncertain, dilemma, suspicion, doubt, worry, stress, etc. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 3
  • 4. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 4 Fear and uncertainty are different words. But they are wired or coupled in our brain Success of an entrepreneur is defined by how good he is in managing own fears and uncertainties. His choices and decisions set the future for company and himself.
  • 5. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 5 Uncertainties  FEAR All uncertainties does not cause fear. But each fear has some uncertainty in background
  • 6. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 6 There are 2 types of uncertainties • Controllable / Non-Controllable/ Partially Controllable • Affirmative / Negative 1
  • 7. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 7 There are various types of fears. Top ones are, • Fear of death • Fear of loosing wealth • Fear of loosing loved ones • Fear of loosing business / clients 2
  • 8. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 8 • Fear of unknown • Competition • Uncertainties due to law changes • Uncertain market / technology • Managing finance / profitability • Fear of obsolesce / being current 2
  • 9. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 9 • Kids future • Environment / politics / terror / society • Fear of loosing face / image • Fear of being confronted • Fear of public appearance • Loosing key talent, et al. 2
  • 10. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 10 Let us deal with fear and uncertainties with power
  • 11. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 11 List or Define your worst fear / uncertainty What would be the worst impact What actions can be taken to prevent What would be benefit of taking action Fear / uncertainty setting
  • 12. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 12 Fear occurs bigger in our imagination then real Overthinking on fear/ uncertainties causes inaction
  • 13. Occurrence of fear • 40% of the things we worry about never happen • 30% are in the past / cannot be helped • 12% involve the affairs of other, which is none of your business • 10% relate to sickness or real fact Only 8% of the things which we worry about are likely to happen VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 13
  • 14. Confidence level while dealing them • This is amazing • Is this a Joke? • I cannot do this • Actually, I may be able to • This is amazing VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 14
  • 15. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 15 Worrier / Warrior LEAR N FR OM AN TIVIR U S
  • 16. Mind Programming If, you can do something about it, Why shall you fear ?  Take actions Else, if you cannot do something about it, Why shall you fear ?  quarantine current thought VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 16
  • 17. VATSAL SHAH - MENTOR, BUSINESS COACH @ PRAGMATIC CONSULTANCY 17 Words of wisdom • Faith is the extreme opposite of Fear, focus on upward spirals instead of downward • Remember power of secret  thoughts become things
  • 18. 18 Everyone wants to win, some people refuse to lose Vatsal Shah Mentor, Business Coach and Transformer Pragmatic Consultancy www.facebook.com/s.vatsal www.linkedin.com/in/vatsalshah @vatsalshah